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Piraeus completes Sunrise II securitisation as banks stay focused on NPE reduction
EconomyBankingin the latest official data by the Bank of Greece for Q2 2021, with the stock dropping to 34.57 billion
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Manufacturing and electricity supply help keep industrial production buoyant in Sep
EconomyMacroeconomypercent. According to the European Commission’s latest business surveys for October, industry
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Pandemic and pushback rows spark political clashes
PoliticsGreek Politicsreaction is an indication of the frustration he feels with the latest turn of events. Reports also suggest
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Building activity recovery continues in Aug, up by 29 pct in 2021
EconomyMacroeconomyincreased by 57.4 percent, and volume increased by 50.1 percent. The European Commission’s latest
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Impact of inflation already widespread, but data suggests worse to come
EconomyFeatureseffects of the first lockdowns of 2020. The latest available data for September put the index up by 26
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Sharp rise in employed as unemployment falls to 13 pct in Sep, lowest since Aug 2010
EconomyMacroeconomy-on-year to 28 percent. The latest available data from the Labour Ministry’s Ergani database
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PM makes new bid to address Covid wave, speculation about restrictions
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis was due to return on Thursday to a communications tactic he used regularly during the early days of the pandemic – the televised address – in a bid to contain the latest Covid wave. Trailed for the last couple of days, the speech will reportedly provide a defence
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Industrial turnover continues recovery with 39.6 pct rise in Sep, led by sales abroad
EconomyMacroeconomyof 18.2 in March this year. September is the latest in a series of impressive readings that mark
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Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
EconomyMacroeconomyAmidst growing concerns about the impact of the latest pandemic wave and ongoing pressures on the inflation front, led by energy prices, the Finance Ministry tabled a revised final budget for 2022 in which most macro variables and assumptions are improved compared to the draft tabled at the start
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Public sector hires under scrutiny again with more in the pipeline
PoliticsGreek PoliticsThe latest enhanced surveillance report from the European Commission urged the Greek government to keep a close watch on the public sector payroll, which is once again growing at a significant pace. The comment comes as the Greek government announced a new wave of hires in the public sector, which
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